Process Gas Chromatographs Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Process Gas Chromatographs Market – Introduction
The process gas chromatographs market is evolving at a rapid pace with the changing requirements for analytical equipment in a wide range of industries, including oil & gas, water treatment, and chemicals industries. Leading manufacturers in the process gas chromatographs market are banking on technological advancements to introduce performance advancements in next-generation process gas chromatographs. With advent of next-generation technologies, leading market players shifting to miniaturization from the traditional laboratory setups by launching tech-driven features of process gas chromatographs.
In addition, increasing growth of the natural gas and process industry is expected to induce innovative trends in the process gas chromatographs market, in the upcoming years. Manufacturers are launching state-of-the-art process gas chromatographs that can operate in both controlled and uncontrolled environments. Leading market players are also focusing on offering exceptional productivity and sensitivity of process gas chromatographs for diverse laboratory applications.
Some of the most prominent competitors operating in the competitive landscape of global process gas chromatographs market include –
Established in 1999, Agilent Technologies is headquartered in Santa Clara, California, United States. Agilent is an American public research and manufacturing company and a leading analytical and diagnostic measurement business. The company focuses on implementing innovative technologies in the range of its chromatography products, which includes gas chromatography solutions, liquid chromatography solutions, and software & laboratory informatics systems.
Yokogawa Electric Corporation
Founded in 1915Yokogawa Electric Corporation is an electrical engineering and software company, headquartered in Musashino, Tokyo, Japan. The company offers a variety of industrial automation and test and measurement solutions and the range of its analytical equipment includes liquid and gas density and process gas chromatography solutions. Yokogawa’s process gas chromatographs are mainly used in the gas phase of on-line industrial processes in a wide range of industries, including oil & gas, refining and petrochemical industries, for separating and analyzing chemical compounds.
GenTech Scientific Inc.
GenTech Scientific Inc. was established in 1996 in the United States as a service company and eventually transformed as a provider of refurbishing equipment and analytical instruments. Along with its range of advanced gas chromatography systems, GenTech Scientific also offers gas chromatography detector options such as Nitrogen Phosphorous Detector (NPD), Thermal Conductivity Detector (TCD), Electron Capture Detector (ECD), and Flame Ionization Detector (FID).
Thermo Fisher Scientific
Founded in 2006, Thermo Fisher Scientific is an American biotechnology product development company headquartered in Waltham, Massachusetts. The company offers innovative and high-performance chromatography solutions, including affinity chromatography, gas chromatography, bioprocess chromatography, liquid chromatography, ion chromatography, and analytical chromatography.
Emerson Electric Co.
Emerson Electric Co. was founded in 1890 and headquartered in St. Louis, Missouri, the United States, and is a leading manufacturer of electric motors and fans. The company has grown to become an American multinational corporation and a leading manufacturer into a global technology solutions powerhouse. The company’s product range includes natural gas chromatographs and process gas chromatographs, which are engineered for applications where critical gas measurement is needed.
Process Gas Chromatographs Market Dynamics
Demand Upsurge Underpinned by Wide-ranging Applications Boosts Market Growth
Process gas chromatographs are commonly used in a myriad of industrial sectors, such as food & beverage, cosmetics, water treatment, and environmental agencies. The widening range of the end-use applications of process gas chromatographs is creating new sales opportunities for manufacturers in the market. Process gas chromatographs also witness burgeoning demand in a wide array of applications found in harsh climates and remote areas, which is triggering manufacturers to introduce innovative features to target a specific end-user segment. This is aiding manufacturers to capitalize on diverse growth opportunities in versatile industrial sectors. Leading manufacturers in the process gas chromatographs market are targeting rapidly-growing end-use industries, such as pharmaceuticals and food & beverage industries, to gain an edge in the upcoming years.
High Production Cost may Limit Sales Opportunities Hampering Market Growth
Process gas chromatography instruments used in various industrial applications are equipped with high-precision components and tech-based functionalities, which make them a premium equipment used in multiple industries. Though the price of process gas chromatographs differ according to their applications, high production costs limit their customer base. In addition, high installation and maintenance cost add to the operating costs of process gas chromatographs, which makes them expensive and limits sales opportunities for stakeholders in the process gas chromatographs market. Leading market players are focusing on R&D to develop cost-effective production technologies to manufacture process gas chromatographs for small- and medium-scaled businesses in the coming years.
Process Gas Chromatographs Market Segmentation
The process gas chromatographs market can be bifurcated on the basis of:
Based on the product types, the process gas chromatographs market is segmented into:
Based on applications, the process gas chromatographs market is segmented into:
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